YEARLY HIGH
1.2253 ISK
YEARLY LOW
1.0130 ISK
YEARLY AVERAGE
1.1238 ISK

2016 NPR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NPR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 1.2253. Conversely, the yearly low was recorded on December 5, dropping to 1.0130.

This high-to-low spread represents a total annual volatility of 0.2124 ISK. From a start-to-finish perspective, comparing the January average rate of 1.2073 to the December average rate of 1.0373, the exchange rate registered a net change of -14.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.2253 was down 11.88% compared to the 2015 peak of 1.3906, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NPR based on timing:

Yearly Peak High 6,127 ISK
2015 Average 6,430 ISK
Yearly Trough Low 5,065 ISK
Transaction Impact: A difference of 1,061.97 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.2243
1.0203
JanuMarcMayJulySeptNove

NPR to ISK Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1.1713, compared to 1.0763 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0950 points.

H1 Avg (Jan–Jun) 1.1713
H2 Avg (Jul–Dec) 1.0763

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0428 ISK (High: 1.1269 / Low: 1.0841). On the other end, September was the most stable month, with a tight range of 0.0163 ISK (High: 1.0856 / Low: 1.0692).

August Spread (Volatile) ±0.0428
September Spread (Stable) ±0.0163

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0346 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0346

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 1.2073) against the same month in 2015 (average: 1.3180), the exchange rate shifted by -0.1108 (-8.40%).

2016 Avg (January) 1.2073
2015 Avg (January) 1.3180

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2253 1.1888 1.2073
February 1.1908 1.1581 1.1726
March 1.2014 1.1667 1.1822
April 1.1754 1.1557 1.1652
May 1.1675 1.1433 1.1551
June 1.1563 1.1257 1.1456
July 1.1422 1.1159 1.1344
August 1.1269 1.0841 1.1030
September 1.0856 1.0692 1.0751
October 1.0755 1.0580 1.0694
November 1.0495 1.0241 1.0388
December 1.0516 1.0130 1.0373